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New York now requires banks to report ransom payments

American Banker

The new rules also expand the use of "proven protections," such as multifactor authentication, according to Adrienne Harris, superintendent of the New York State Department of Financial Services.

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New York regulators fine OneMain $4.25 million over cybersecurity practices

American Banker

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New York Updates Cybersecurity Rule After Banker Backlash

American Banker

The New York State Department of Financial Services has modified its cybersecurity rule after bankers registered complaints at a hearing in Albany last week.

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New York Rewriting Cybersecurity Rules After Banker Pushback

American Banker

The decision to rewrite the regulation came two days after a hearing in which New York bankers unleashed a litany of complaints about the regulation to Empire State lawmakers.

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New York Proposes Cybersecurity Requirements for Banks

American Banker

New York Gov. Andrew Cuomo on Tuesday announced the proposal of a state regulation requiring banks to develop and maintain a cybersecurity program. The plan, the first of its kind in the nation, could have far-reaching effects on some of the nation's largest banks.

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Betting the Bank on Your IT Experts

Jack Henry

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie.

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Where Are We Now? 2022 Data Science and AI Predictions Revisited

FICO

In these blogs, I review the industry trends and developments in technology set to impact businesses. As the late Ed Koch, one of New York City’s more colorful mayors, famously used to say, “ How’m I doin’? Humble AI is artificial intelligence technology that will know it’s not sure about the right answer.

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